Price Alert Indicator
A simple and effective tool to save time, identify trends and trade more systematically. Price Alert is your reliable Forex assistant. Compatible with all timeframes. Try now!
Categories: Signal, MT5, Levels, Informational
Not all levels are the same in the market. Some act as strong support and resistance levels, so it’s important for traders to know when price hits them. The Price Alert indicator works as an assistant to inform you when important information arrives.
Add the indicator to your chart, set the support and resistance levels you are interested in, and the indicator will immediately tell you when the price touches them.
With the help of the Price Alert indicator, you can easily add several signal levels to the chart.
When the specified conditions are reached, the indicator immediately initiates an alert. You will receive a pop-up message, a beep, and (if configured) an email message.
Why you should use the Price Alert indicator for MT5
Here are 4 important reasons to use the indicator for MT5 in Forex and CFD trading.
Saving time. Agree that most of the time you, as a trader, spend waiting for the setup. Notifications will help you not to get tired and burn out, wasting time in front of the monitor.
More disciplined trading. By setting a price level alert, you will make a decision only after receiving it.
Wider market coverage. You can’t do 10 things at the same time. But with the Price Alert Indicator for MT5, you can track dozens (or even hundreds) of markets.
Mobile. By setting up alerts, you will be aware of important price movements wherever you have Internet access.
Conclusion
The Price Alert Indicator for Metatrader 5 allows you to go about your business and be sure that you don’t miss important price levels in many markets.
This is useful for strategies based on support and resistance levels. Use the indicator for more disciplined and efficient trading, whether you prefer intraday trading or investment trading.
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